AMD, a competitor to NVIDIA, was able to set new record annual revenues of $ 9.8 billion on net profit of $ 2.5 billion. AMD’s revenue in 2020 increased by almost 50% over 2019 Looking at the graph above, you can see how the company is rapidly increasing the received amounts from sales, the fourth quarter of 2020 turned out to be especially profitable for it, in which AMD were able to exceed the $ 3 billion mark.
After examining the company’s financial statements, you can see that the most profitable “niche” for them turned out to be the Computing and Graphics department, which is responsible for the production of video cards and processors, revenue in this particular area increased by $ 2 billion.
The problem of scarcity was also raised, AMD is aware of it and admits that it is caused precisely by the demand, but nothing can be done about it. We can only hope for TSMC, which should increase production by mid-2021 and, if everything goes according to plan, the appearance of new video cards on the market will more or less stabilize.
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